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Sherman Oaks, CA
Generally Investor Friendly
Local STR Agent
Local STR Agent

Short-term rentals ARE ALLOWED in Sherman Oaks, CA, subject to the City of Los Angeles Home-Sharing Ordinance regulations. Sherman Oaks is a neighborhood within the City of Los Angeles, not an unincorporated area of Los Angeles County, so it falls under municipal rather than county regulations.
Sherman Oaks hosts earn a median $41,052/year with $295 ADR and 76% occupancy.
Top performers pull in $78,043+ per year.
See the full Sherman Oaks market breakdownNote: Since Sherman Oaks is within city limits, unincorporated county regulations do not apply. However, for context:
While specific city contact details aren't provided in the source content, investors should contact:
Los Angeles City Planning Department
Short-Term Rentals Unit
This guide is based on current regulations as of 2025. STR regulations are subject to change, and investors should verify current requirements with local authorities before proceeding.
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Sherman Oaks is a well-established neighborhood in the San Fernando Valley region of the city of Los Angeles, California, located in Los Angeles County. With a population of roughly 70,000 residents, it blends a leafy, suburban character with the amenities of a major metropolitan area. The district stretches along Ventura Boulevard, one of the longest commercial corridors in Los Angeles, and is widely considered one of the Valley's more upscale and walkable communities. Sherman Oaks sits approximately 12 miles northwest of downtown Los Angeles, putting it within easy reach of Hollywood, Beverly Hills, and the Westside while maintaining a calmer, residential feel that appeals to both long-term residents and visiting travelers.
About a 10-minute drive east of Sherman Oaks lies Lake Balboa Park (officially Anthony C. Beilenson Park), a roughly 80-acre green space anchored by a 27-acre lake. Visitors can rent pedal boats, fish from the shore, picnic beneath mature trees, or stroll through the adjacent Japanese Garden, a tranquil landscape of koi ponds, stone paths, and traditional plantings. The park is a favorite with families and offers a peaceful counterpoint to the bustle of the surrounding city.
Universal Studios Hollywood is roughly 15 to 20 minutes southeast of Sherman Oaks by car, making it one of the most accessible theme-park experiences in Southern California. The working movie studio combines behind-the-scenes tram tours of historic backlots with full-scale thrill rides, including the Wizarding World of Harry Potter. Its proximity makes Sherman Oaks a convenient base for guests who want to add a major Southern California attraction to their itinerary without staying in the immediate tourist zone.
About 20 to 25 minutes south of the neighborhood, the Getty Center sits on a hilltop in the Brentwood neighborhood, housing an impressive art collection that spans European paintings, decorative arts, sculpture, and photography. Designed by architect Richard Meier, the campus is known as much for its modernist architecture and Richard Serra sculptures as for its gardens and panoramic views of Los Angeles. Entry to the museum itself is free, with only a parking fee, which makes it a relatively easy day trip for short-term rental guests.
To the south and west of Sherman Oaks, the Santa Monica Mountains offer some of the most accessible hiking in Los Angeles, with trailheads that put visitors among oak woodlands, chaparral, and ridgeline views within a 15- to 30-minute drive. The mountains also connect the Valley to the Pacific coast, with Malibu's beaches reachable in roughly 40 minutes depending on traffic.
Sherman Oaks appeals to short-term rental owners and guests because it threads the needle between suburban comfort and urban access. The neighborhood offers a strong restaurant and retail scene along Ventura Boulevard, walkable residential streets, and proximity to freeways that connect to nearly every major Los Angeles destination. For travelers who want to experience the breadth of Los Angeles while enjoying a quieter, more residential setting, it is an inviting and well-located base.
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